TacBright Optronics (ROCO:6434) Days Payable: 1.69 (As of Dec. 2025) — 91% Below Median


ROCO:6434 TacBright Optronics Corp ROCO:6434
42 GF Score
Price NT$17.15
GF Value NT$4.06
Valuation Significantly Overvalued
! 2 Warning Signs
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What is TacBright Optronics Days Payable?

TacBright Optronics ROCO:6434 -0.87% 42 Days Payable is 1.69 as of Dec. 2025, which is 91% below its 10-year median of 19.33. GuruFocus rates ROCO:6434 with a GF Score™ of 42/100 and a GF Value™ of NT$4.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,551 Chemicals companies, TacBright Optronics ranks worse than 98.52% on this metric.

TacBright Optronics's average Accounts Payable for the six months ended in Dec. 2025 was NT$6 Mil. TacBright Optronics's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$603 Mil. Hence, TacBright Optronics's Days Payable for the six months ended in Dec. 2025 was 1.69.

The historical rank and industry rank for TacBright Optronics's Days Payable or its related term are showing as below:

ROCO:6434' s Days Payable Range Over the Past 10 Years
Min: 5.59   Med: 19.33   Max: 29.79
Current: 5.59

During the past 13 years, TacBright Optronics's highest Days Payable was 29.79. The lowest was 5.59. And the median was 19.33.

ROCO:6434's Days Payable is ranked worse than
98.52% of 1551 companies
in the Chemicals industry
Industry Median: 59.87 vs ROCO:6434: 5.59

TacBright Optronics's Days Payable declined from Dec. 2024 (15.44) to Dec. 2025 (1.69). It may suggest that TacBright Optronics accelerated paying its suppliers.


TacBright Optronics Days Payable Historical Data

* Premium members only.

The historical data trend for TacBright Optronics's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TacBright Optronics Days Payable Chart

TacBright Optronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.79 25.93 10.18 12.63 7.95

TacBright Optronics Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.60 14.40 15.44 7.18 1.69

ROCO:6434 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, TacBright Optronics's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TacBright Optronics Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TacBright Optronics's Days Payable distribution charts can be found below:

* The bar in red indicates where TacBright Optronics's Days Payable falls into.


ROCO:6434
42GF Score
TacBright Optronics Corp ROCO:6434
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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TacBright Optronics Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

TacBright Optronics's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (43.721 + 8.323) / 2 ) / 1195.188*365
=26.022 / 1195.188*365
=7.95

TacBright Optronics's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (2.872 + 8.323) / 2 ) / 603.232*365 / 2
=5.5975 / 603.232*365 / 2
=1.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1.69 mean?
TacBright Optronics (ROCO:6434) has a Days Payable of 1.69 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TacBright Optronics and its competitors. This is 91% below median its historical median of 19.33. Over the past decade, TacBright Optronics' Days Payable has ranged from 5.59 to 29.79. According to the industry distribution chart, TacBright Optronics ranks #1528 out of 1551 companies in the Chemicals industry, placing it in the top 98.5%.
Is TacBright Optronics' Days Payable too high?
TacBright Optronics' current Days Payable of 1.69 is 91% below median its 10-year median of 19.33. Over the past 10 years, this metric has ranged from a low of 5.59 to a high of 29.79. The Chemicals industry median Days Payable is 59.87. TacBright Optronics' value of 1.69 is 97.2% below this industry median. Based on the distribution chart, TacBright Optronics ranks #1528 out of 1551 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, TacBright Optronics has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TacBright Optronics' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, TacBright Optronics ranks #1528 out of 1551 companies for Days Payable. This places TacBright Optronics in the lower half of its industry. The industry median Days Payable is 59.87. TacBright Optronics' value of 1.69 is 97.2% below this benchmark. Historically, TacBright Optronics' own Days Payable has ranged from 5.59 to 29.79 over the past decade. While the company's 10-year median is 19.33 vs. the industry median of 59.87, TacBright Optronics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.87, based on 1,551 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TacBright Optronics's current Days Payable of 1.69 is 97.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TacBright Optronics and its competitors. For the Chemicals industry, the median Days Payable is 59.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TacBright Optronics's current Days Payable is 1.69, which is 91% below median its own 10-year median of 19.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TacBright Optronics stock overvalued right now?
Based on GuruFocus' analysis, TacBright Optronics (ROCO:6434) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.06, compared to a current price of NT$17.15 — trading 322.4% above its estimated fair value. The current Days Payable is 1.69, which is 91% below median its 10-year median of 19.33 and 97.2% below the Chemicals industry median of 59.87. TacBright Optronics' overall GF Score™ is 42/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For TacBright Optronics (ROCO:6434), the current Days Payable is 1.69 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TacBright Optronics (ROCO:6434) Overvalued in 2026?

Based on GuruFocus' analysis, TacBright Optronics stock appears to be overvalued. The current stock price of NT$17.15 is trading 322.4% above its estimated GF Value™ of NT$4.06. GuruFocus considers TacBright Optronics to be Significantly Overvalued.

Key valuation signals for ROCO:6434:

  • Days Payable: 1.69 (91% below median its 10-year median of 19.33)
  • GF Value™: NT$4.06 vs. price of NT$17.15 (322.4% above fair value)
  • GF Score™: 42/100 with 2 warning signs
  • Industry Position: 97.2% below the Chemicals median (#1528 of 1551)

No single metric tells the full story. See the ROCO:6434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TacBright Optronics Business Description

Address No. 3, Kebei 2nd Road, Hsinchu Science Industrial Park, Miaoli County, ZhunanTownship, Hsinchu, TWN
TacBright Optronics Corp is engaged in synthetic resin and plastic manufacturing, surface treatment, wholesale and retail of chemical raw materials, and electronics. Wholesale and retail of sub-materials and manufacturing of precision chemical materials.
42GF Score

Get the complete analysis for ROCO:6434

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$17.15
Price
NT$4.06
GF Value